taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-920/China Spring ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 120,565,180 0.9638 125,093,567 56 822 .013537171
A 201,107,798 0.9556 210,451,861 107 1,070 .011408935
A 201,412,482 0.9734 206,916,460 61 781 .018587418
A 234,367,036 0.9711 241,341,814 31 556 .018321759
E 177,708,550 0.9906 179,394,862 16 752 .103651266
Random Totals: 935,161,046   963,198,564 271 3,981  
Catg D1 Exception Values: 3,686,950   3,585,320      
Total Test Values (4): 938,847,996   966,783,884      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 48,339,194

Confidence Interval Values (5)

State Lower Limit: 918,444,690 (State Test Value minus Margin of Error Percent)
Local Test Value: 938,847,996 (Within Confidence Interval)
State Upper Limit: 1,015,123,078 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 895,336,664 (See ISD Summary Worksheet)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories